A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” by amending sections 102, 103, 105, 110, 112, 115, 122, and 123 (MCL 206.102, 206.103, 206.105, 206.110, 206.112, 206.115, 206.122, and 206.123), sections 102, 103, 105, and 110 as amended by 2011 PA 38 and section 115 as amended by 2011 PA 178; and to repeal acts and parts of acts.
House Bill No. 5484 updates Michigan's income tax allocation and apportionment rules to a market-based sourcing system, clarifying how multi-state business income is taxed and repealing outdated provisions, with most changes effective January 1, 2026.
Introduced
by
Referred to the Committee on Finance
